[Jewelry making - Article 00069] - Re: [Orchid] Amateur pricing

[brian]

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    There is a commonly-used business model nowadays where one starts
    with under pricing new products (or even FREE products!) and after
    the market has liked what they have become accustomed to, to begin to
    charge higher prices that more accurately reflect their cost. We all
    have experienced this with some initially free MS software. It works
    for them. 

    But with a new line of jewellery that you have genuinely made a
    pricing mistake, maybe if you can verify that your product has
    developed and improved so much to warrant an increase. Reward those
    who helped you get through the first year with a price-freeze (at the
    old price) for a certain period and charge the newer, more reasonable
    prices, to new outlets. 

Brian


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